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Related Ads > Lincolnshire Business for Sale > Leasehold Fast Food to Lease > Fast Food in Lincolnshire for Sale 

Spacious Superbly Fitted Detached Licensed Buffet Restaurant

Undisclosed Lincolnshire
Town centre, LINCOLNSHIRE
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 53497
ADVERT IMPRESSIONS : 24,825 TIME(S)

 
BUSINESS SECTOR: Catering
TRADE TYPE: Fast Food
SALE: Agent Sale

LEASEHOLD:

£60000
 

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BUSINESS DETAILS:

Features : Large Public Car Park nearby (Pay & Display daytime)

IMPRESSIVE & SPACIOUS RESTAURANT newly fitted approx. 2 years ago, newly carpeted, wall and ceiling lighting. Air conditioning. Tables and chairs providing seat for 90 persons. Bar with 2 hand pumps, 3 double door counter fridges etc.

Ladies' cloakroom with 4 w.c's, 2 wash hand basins
Gentlemen's cloakrooms with 2 w.c's, 2 urinals, 2 wash hand basins
Disabled cloakroom with w.c. and wash hand basin

Spacious level kitchen approx. 32ft x 30ft, all newly fitted approx. 2 years ago, stainless steel cladding to walls, stainless steel extractor unit, 7-burner Chinese cooker, 6-burner gas cooker with oven, heavy duty gas double hob unit, 1 walk-in coldroom, 1 walk-in deep freeze, stainless steel fast chiller unit, 3 double sinks and drainers etc.

Ground floor beer cellar

Location : Town centre, LINCOLNSHIRE

Opening Hours : 6 days per week 12 noon - 2.30 p.m. & 5 p.m. - 10 p.m.
CLOSED ALL DAY MONDAY

Turnover : WE ARE INFORMED the turnover averages £6,800/£7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 20 years full repairing and insuring lease at a rental of £26,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £12,500 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

REALISTICALLY PRICED FOR EARLY SALE

Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Outside : Yard at rear with 20ft container for storage. In addition having parking space for 2 cars

Staff : The business is at present staff operated. Staff employed 7 full time plus 1 part time. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
   
  FOR SALE
   

REFERENCE:

R2027 / RightBiz
   
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ENQUIRIES:

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